Magnit

Related Party Transaction • Jul 3, 2018

MAGNIT PJSC (MGNT)

03-Jul-2018 / 17:48 MSK

Dissemination of a RegulatoryAnnouncement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement.

Press Release Krasnodar July 03, 2018

Magnit Has Published the List ofAffiliatedPersons as of 30.06.2018

Krasnodar, Russia (July 03, 2018): Magnit PJSC, one of Russia's leading retailers (the "Company"; MOEX and LSE: MGNT), announces the publication ofthelist ofaffiliated personsas of 30.06.2018.

Please beinformed that today PJSC "Magnit"has published thelist ofaffiliated persons as of 30.06.2018. Thelistcan befound on the Company's website http://ir.magnit.com/and on http://www.e-disclosure.ru/portal/company.aspx?id=7671

Forfurtherinformation, please contact:

Dina Svishcheva DeputyDirector, Investor Relations Email:Chistyak@magnit.ru Office:+7-861-277-4554 x 15101

MediaInquiries Media Relations Department press@magnit.ru

Company description:

Public Joint Stock Company "Magnit"is one of Russia's leading retailers. Founded in 1994, the company is headquartered in the southern Russian city ofKrasnodar.As ofMarch 31, 2018, Magnit operated 37 distribution centersand 16,625 stores (12,283 convenience, 242 hypermarkets, 210 Magnit Family storesand 3,890 drogeriestores) in 2,764 citiesand towns throughout 7 federalregions ofthe Russian Federation.

In accordance with theaudited IFRS results for 2017, Magnit had revenues ofRUB 1,143 billion and an EBITDAofRUB 92 billion. Magnit's local shares are traded on the Moscow Exchange (MOEX: MGNT) and its GDRs on the London Stock Exchange (LSE: MGNT) and it has a credit rating fromStandard &Poor's ofBB. Measured bymarketcapitalization, Magnit is one ofthelargest retailers inEurope.

ISIN: US55953Q2021 Category Code: MSCU TIDM: MGNT LEICode: 2534009KKPTVL99W2Y12 OAM Categories:3.1.Additional regulated information required to be disclosed under the laws of a Member State Sequence No.: 5716 EQS News ID: 701321

End ofAnnouncementEQS News Service